free na talaga. don't forget may resale value pa naman yung 5 year old car mo. then the 3.4M, at a conservative 12% per year (mutual funds) 3.4 x 1.12 x 1.12 x 1.12 x 1.12 x 1.12 = 5.99M. that's a 2.59M profit. paano pa kung magaling ka sa stock market? or even just putting your money in an equity fund instead of a mutual fund, for example 125% ang sunlife equity fund the last 5 years? 3.4 at 125%/5 years = 7.65M. kahit 2 pa bilhin mo pwede.
LC80 - 1991 to 1998
LC100 - 1998 to 2007
LC200 - 2007 to present
Isuzu Crosswind and Mitsu L300 FB - Forever.
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LC80 - 1991 to 1998
LC100 - 1998 to 2007
LC200 - 2007 to present
Isuzu Crosswind and Mitsu L300 FB - Forever.![]()
Owning a 4m car for 15 years means paying insurance for a 4m car for five years, for a 2m car for another five, and then for ??? for the last five.
Owning three 1.5m cars in succession saves you probably 20-40k in insurance per year for those first five years.
Also... diesel LC200? And you'll be using it often? If you put 15-20k kilometers a year on it, you will be holding onto the car until it's at 200k kilometers or more. Budget extra for fuel system repairs, just in case.
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Owning a 4m car for 15 years means paying insurance for a 4m car for five years, for a 2m car for another five, and then for ??? for the last five.
Owning three 1.5m cars in succession saves you probably 20-40k in insurance per year for those first five years.
Also... diesel LC200? And you'll be using it often? If you put 15-20k kilometers a year on it, you will be holding onto the car until it's at 200k kilometers or more. Budget extra for fuel system repairs, just in case.
Ang pagbalik ng comeback...
Hmm. . .maybe the wifey wants to make a statement with the LC. With its built and price, it is really a standout.
And remember the golden rule. She who has the gold makes the rule. . .joke lang po. . .
Is leasing a feasible solution in the Philippines? Could work for TS since he's planning to change every x years.
^ Sa BMW,Lexus,MB, meron kaso every 3 years lang, the dealer takes car of insurance and maintenance
Ang maganda pa sa lease, kapag nag breakdown yung kotse tapos matatagalan sa casa yung repairs, pwede ka magdemand ng service car na same spec dapat. Eh kasi sige pa rin bayad mo nung monthly "rental".
Pinaka-hassle free ownership talaga ang lease lalo na kung you dont mind not owning the car you spend for. With the overhead of yearly insurance, periodic maintenance, and significant depreciation, buying the car instead of leasing also results in a big loss come resale time. In some cases it may be close to the total loss if you had leased instead.
For me, i would buy an lc200 every 5years. May resale value pa rin. Given na money is not a problem diba.
The 1m-1.5m car today might be already 2m in 5 years time. In 10yrs, it might be 2.5m.
Wow so much responses and inputs.
I didnt know that our lc's are made in china na pala?!
Btw im not married. Im single pa.
I guess maybe use the lc200 for 5-7 years as a daily drive then keep it/maintain it as a legacy/weekend car.
Of course these are all hypothetical and still about 5 years down the road. Siguro lc300 na non. I was just thinking about the future and given the reliability of lc's and how much presence even the 80s-100s still commands, i thought if its logical to skip buying average cars every x years and just buy above average car every 2-3x years. All superficial and no offense meant to the 1-1.5m cars owner. Heck im one now.
The pajero/camry combo is good advise though id prolly go for the next gen pajero and a subaru legacy combo. The bk is showing its age na.
Ps: i really dont mind driving 15 year old cars. Id like to think we maintain our cars well. My first car was our family's old pajero of which my only complaint was the aircon. I drove it until i crashed it. Or rather a jeep crashed into it. Its was a solid car (literally). I miss it sometimes![]()
Last edited by dcph172; May 6th, 2015 at 12:27 AM.
I'd also choose the buy 3 1.5M cars in 15 yrs option.
The LC200 might still have a road presence 15 yrs down the road but it is still a 15 yr old vehicle. By that time you will not be using it that much anymore.
I still have our 14 yr old car, an 01 Civic. Sure it can still bring me to different places whenever I feel using it, it's not really that problematic, but the confidence of driving it as compared to driving our newer vehicles is different especially out of town trips.